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Finance

Tindo to scale up production capacity with Solar Sunshot support

Australian solar module manufacturer Tindo Solar will look to ramp up domestic production capacity after securing funding through the federal government’s $1 billion Solar Sunshot Program.

FRV Australia reaches financial close on its biggest battery

Saudi-backed Fotowatio Renewable Ventures Australia is advancing plans to build what will be its biggest battery project in the country after reaching a final investment decision on a 500 MWh energy storage system proposed for southern Victoria.

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Marinus Link gets go-ahead to dive straight into stage 1 construction phase

Marinus Link, the 750 MW capacity high voltage direct current electricity interconnector proposed to strengthen the Tasmania and Victoria connection on the National Electricity Market, has reached Stage 1 financial investment decision.

AGL reaches final investment decision on 2,000 MWh Tomago big battery

Australian energy major, AGL, has reached final investment decision on the 500 MW / 2,000 MWh Tomago battery energy storage system in the Hunter Region, New South Wales, and has appointed energy storage company Fluence to deliver the project’s build.

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Federal home battery subsidy triggers 1,000 installations per day bonanza

July home battery data released by SunWiz shows Australia is on track to smash 2024 records with the potential for 220,000 installations to be completed in the first 12 months of the federal government’s Cheaper Home Batteries subsidy.

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New South Wales invests in Spanish hybrid renewable energy platform

The New South Wales Treasury Corporation, the state’s sovereign investor, has entered into a partnership with United Kingdom-based developer Equitix to grow its renewable energy hybridisation platform in Spain.

Grid scale solar and battery projects score Western Power connection offers

Western Power has closed off 759 MW of connection offers for FY2024/25, announcing the last two projects for the period, and in the coming financial year expects to offers made for a further 300 MW of storage and 112 MW solar generation.

North Harbour lands funding to back twin battery projects

Australian renewables developer North Harbour Clean Energy has secured early-stage funding for two large-scale battery energy storage projects in New South Wales.

Federal renewables subsidy scheme expanded to 40 GW

The federal government is scaling up its support for renewables, expanding its flagship Capacity Investment Scheme in a bid to accelerate Australia’s clean energy transition.

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Dutch investment giant APG pumps $1 billion into Australian renewables platform

Dutch pension fund giant APG Asset Management has committed more than $1 billion to expand the renewable energy platform of developer Octopus Australia.

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